June 7 Real Estate Update

According to AL.com, Greater Deliverance Church has leased 12,700 ft2 of space in the Cottage Village Shopping Center at 5025 Cottage Hill Road in Mobile, according to Chris Harle and Leigh Dale Younce of White-Spunner Realty, who represented the landlord. Eric Coleman of Re/Max Realty Professionals worked for the tenant. Also in Mobile, ClaimPay Inc. has leased 8,652 ft2, the entire second floor at 891 Hillcrest Road, according to Nathan Handmacher of Zarzour Cos., who represented the landlord. John Vallas of Vallas Realty worked for ClaimPay. The company helps medical practices and practitioners ensure that they are paid on time, while adhering to laws and guidelines in the revenue-generation process. In Theodore, Two-Four Sports, a local sporting goods company, has leased 1,000 ft2 at 5647 Highway 90, according to Dobbson Vickers of White-Spunner Realty, who represented the landlord. In Orange Beach, local developers are seeking to rezone 3.7 acres at the southwest corner of Canal Road and Captain Trent Lane from marine resort to planned unit development for a 34-lot single-family subdivision, according to city planning.

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BBN-fallback

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The Ashbee Group Forms Dauphine Capital

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